BELARUS NEWS AND ANALYSIS

DATE:

01/02/2008

Diplomat Says There Will Not Be Big Changes in Russian Gas Prices for Belarus

MINSK. Feb 1 (Interfax) - Russian ambassador to Belarus Alexander Surikov has said that there will be no serious changes in the price of natural gas for Belarus in the second quarter of 2008.

"There will be no anxious situations with the gas price for Belarus in the second quarter of 2008," he told the press on Friday.

"The price may change depending on the oil price but within reasonable limits but by no more than 10%," he added.

In the first quarter the price of gas for Belarus is $119 for 1,000 cubic meters up from $100 in 2007. Under a four-year contract on gas deliveries to Belarus signed in December 2006 the price of gas for Belarus will constitute 67% of the average European price in 2008.

In 2008 Russia will deliver 21.6 billion cubic meters of gas to Belarus up from 21.1 billion cubic meters in 2007.

Source:

http://www.redorbit.com/news/business/1238748/diplomat_says_there_will_not_be_big_changes_in_russian/

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